Infinico Metals Corp. Announces $200,000 Non-Brokered Private Placement, Changes to Board of Directors, and Proposed up to 15-for-1 Common Share Consolidation

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[{"type":"text","content":"Infinico Metals Corp. Announces $200,000 Non-Brokered Private Placement, Changes to Board of Directors, and Proposed up to 15-for-1 Common Share Consolidation\n\n\n\n\n THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES\n \n\n\n VANCOUVER, British Columbia, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Infinico Metals Corp. (“\n \n Infinico\n \n ” or the “\n \n Company\n \n ”) (TSX-V: INFM) is pleased to announce a proposed non-brokered private placement financing (the “\n \n Offering\n \n ”) for gross proceeds of up to $200,000 composed of the sale of up to 20,000,000 pre-consolidation shares (“Shares”) at a price of $0.01 per Share.\n \n\n The gross proceeds from the sale of Shares will be used for general working capital purposes. The Offering is subject to regulatory approval, including the approval of the TSX Venture Exchange, and all securities issued and issuable pursuant to the Offering will have a hold period of four months and one day.\n \n\n\n Changes to Board of Directors\n \n\n\n The Company is also pleased to announce that it has appointed Sam Walding and Manish Z. Kshatriya as Directors of the Company.\n \n\n Mr. Walding has served as Chief Executive Officer of Infinico Metals Corp. since November 2023 and also leads the portfolio companies of Plethora Private Equity as CEO. He brings over seven years of mineral exploration experience across Europe and North America, with a strong focus on early-stage project development and strategic resource growth. His experience further includes two years in the Australian mining sector. Mr. Walding has advanced exploration projects across multiple jurisdictions, working closely with First Nations, Indigenous communities, and government agencies to ensure responsible, efficient, and transparent project execution. He has also been instrumental in securing financing and raising capital to support exploration programs and drive corporate development. Prior to entering the resource industry, Mr. Walding served eight years in the British Army, where he developed strong leadership, strategic planning, and operational management capabilities, skills that continue to shape his approach to corporate stewardship and exploration strategy. He holds a Master of Geology (M.Geol Hons) in Applied and Environmenta...

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